Nicolas (Analyst)'s questions to Pan American Silver Corp (PAAS) leadership • Q2 2024
Question
An analyst named Nicolas asked for color on grade and throughput expectations at Cerro Moro for the upcoming quarters, given recent weather-related variability. He also requested an update on the timing of a pending transaction.
Answer
Michael Steinmann (Executive) and Steven Busby (Executive) explained that access to the high-grade Naty satellite zone at Cerro Moro was restricted by heavy rains in Q2. Access has been re-established, and they are upgrading infrastructure to accelerate production from Naty to make up the shortfall, expecting production to be more heavily weighted to Q4 than Q3. Regarding the transaction, Steinmann confirmed it is still planned for Q3, pending regulatory approvals.